Fixed Income P and L, Senior Analyst

Recruiter
Financial Services
Location
Richmond, United Kingdom
Salary
GBP60000 - GBP67000 per annum
Posted
05 Aug 2022
Closes
04 Sep 2022
Ref
16228869
Industry Sector
Finance - General
Employment Type
Full Time
Education
Bachelors
Fixed Income P and L, Senior Analyst role working for a global bank, great brand within financial services industry, with a Salary £60-67k + bonus

Description

The department is part of Product Control and the purpose of this job is the production and reconciliation of the daily PNL working alongside key stakeholders in FO.
  • Oversee figures complied by junior staff members to be delivered to Front Office
  • Review and challenge the P&L
  • End of day reports investigating discrepancies with the traders' predictions and understand the economic reasons justifying the PNL (market moves, new deals, strategies etc.).
  • Produce PNL figures, investigate the discrepancies justifying the PNL
  • In depth review of the PNL
  • Review the Risk based market PNL and answer differences against the PNL Explain
  • Reconcile system valuation against internal calculations for Futures and Bonds.
  • Review the cash payments expected from exotics
  • Participate actively in meetings to represent PNL Department
  • Adjustment validation to cover for the manager where required / deputise for manager absence where required.

Profile
  • Must have 2 years + experience working in a PNL control function department
  • Investment banking experience essential
  • In-depth knowledge of Fixed Income and it's instruments, as well as other asset classes
  • Derivative pricing
  • P&L explains (Step Revaluation, Risk Based Explains) and risk factors (Greeks)
  • Excel and VBA knowledge

Job Offer

Fixed Income P and L, Senior Analyst role working for a global bank, great brand within financial services industry, with a Salary £60-67k + bonus